TITLE

FSA Sees Double-Digit Declines in Yearly, Quarterly Profits

AUTHOR(S)
Meyers, Maxwell
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/16/2006, Vol. 355 Issue 32321, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Financial Security Assurance Holdings Ltd. (FSAH) profits has decreased from 378.6 million dollars in 2004 to 326.1 million dollars in 2005. The reasons behind the company's decreased profits were discussed. FSAH company president and CEO Robert Cochran stated that the declines in structure finance production were primarily due to a difficult pricing environment and increased investor appetite for yield.
ACCESSION #
19821620

 

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